New York, March 5, 2026 (AFP) - Dow falls over 2% on latest spike in oil prices

NAMPA / AFP

2026-03-05

Losses on Wall Street deepened Thursday as the latest oil price surge added to worries that supply disruptions connected to the Middle East war will spur on inflation. Near 1830 GMT, the Dow Jones Industrial Average stood at 47,681.72, down more than 1,050 points or 2.2 percent. The broad-based S&P 500 fell 1.4 percent to 6,775.85, while the tech-rich Nasdaq Composite Index slid 1.3 percent to 22,515.70. jmb/des ...

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